Business, 20.02.2020 20:31 granniejo

The BLS has two components of their "basket" of goods and services, A and B. In the past three years, consumption of these was: 2017 2018 2019 PQPQP Q Good A10 2011 2012 21 Good B 100 40 100 45 | 105 45 Table 2: Quantity and price of consumption Suppose the BLS surveyed households in 2017 to set up their basket of goods (a) Compute CPI inflation in 2018 and 2019 using the basket of quanti- ties from 2017 as the base. (b) Compute CPI inflation in 2018 using the basket of quantities from 2017 as the base. Then compute CPI inflation in 2019 using the basket of quantities from 2018 as the base. (c) Should you use 2018 goods to weight quantities for the change from 2018 to 2019 or should you use 2019 quantities? Do it both ways, i. e. now compute CPI inflation from 2017 to 2018 using the basket of quantities from 2018 as the base. Then compute CPI inflation in 2019 using the basket of quantities from 2019 as the base. Average this with your answer from before, congratulations, you've discovered "chain-weighting!" (d) Plot the chain-weighted CPI next to the regular CPI year-year per- centage change. Which is faster?

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 19:10, kingjustin0825

Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.

Answers: 3

continue

Business, 22.06.2019 19:30, Lucid4465

Which of the following constitute the types of unemployment occurring at the natural rate of unemployment? a. frictional and cyclical unemployment. b. structural and frictional unemployment. c. cyclical and structural unemployment. d. frictional, structural, and cyclical unemployment.

Answers: 2

continue

Business, 22.06.2019 19:30, ssiy

Quick calculate the roi dollar amount and percentage for these example investments. a. you invest $50 in a government bond that says you can redeem it a year later for $55. use the instructions in lesson 3 to calculate the roi dollar amount and percentage. (3.0 points) tip: subtract the initial investment from the total return to get the roi dollar amount. then divide the roi dollar amount by the initial investment, and multiply that number by 100 to get the percentage. b. you invest $200 in stocks and sell them one year later for $230. use the instructions in lesson 3 to calculate the roi dollar amount and percentage. (3.0 points) tip: subtract the initial investment from the total return to get the roi dollar amount. then divide the roi dollar amount by the initial investment, and multiply that number by 100 to get the percentage.

Answers: 2

continue

Business, 22.06.2019 20:00, payshencec21

Ajax corp's sales last year were $435,000, its operating costs were $362,500, and its interest charges were $12,500. what was the firm's times-interest-earned (tie) ratio? a. 4.72b. 4.97c. 5.23d. 5.51e. 5.80

Answers: 1

continue

You know the right answer?

The BLS has two components of their "basket" of goods and services, A and B. In the past three years...